DJ Mag by Amelie Snyers

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VILLAGE UNDERGROUND EYES NEW VENUE AT HACKNEY ARTS CENTRE

Unveils plans to reopen 81-year-old venue...

The team behind popular East London venue Village Underground has unveiled ambitious plans to reopen the dilapidated Hackney Arts Centre in London as a multipurpose arts space, it has been revealed today.

Pioneers Post by Amelie Snyers

Arts Impact Fund's investment in Village Underground and Hackney Arts Centre has been shortlisted for Good Deal of the Decade by Pioneers Post. An innovate partnership between a commercial organisation and a charity to create opportunities for disenfranchised young people thru music. Vote here.

Arts Impact Fund, Big Issue Invest, and Triodos Bank signed a £1.3m deal in 2017 to take on three leases in Stoke Newington which now form Hackney Arts Centre. A commercial lender pulled out of the initial deal at the last minute, and the gap was filled by the three social investors working together.

Evening Standard by Amelie Snyers

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Social investment firms Big Issue Invest, The Arts Impact Fund and Triodos Bank will put £1.9 million into the project, which is being led by Village Underground, a venue in Shoreditch.

Auro Foxcroft, of Village Underground, said: “All three investors are passionate about the social impact of the Hackney Arts Centre and have been creative and bold in getting us this far.”

Mixmag by Amelie Snyers

The owners of East London’s Village Underground is planning to reopen the 81-year-old Hackney Arts Centre.

Opened in 1936 on Stoke Newington Road, North London, the art deco building has been sitting dormant for 30 years, but Village Underground has been working to turn it into a multipurpose arts space for over a year.